March 28, 2017 - The employees, management, and ownership of Murray Energy Corporation are extremely pleased that President Donald J. Trump has announced he will sign an Executive Order rescinding the Obama Administration’s illegal and destructive so-called Clean Power Plan (“CPP” or “Rule”), and certain other anti-coal regulations, which threatened to completely destroy the United States coal industry, and unconstitutionally usurp the rights of the States, for no environmental benefit whatsoever.

Murray Energy was the first party to file a lawsuit challenging the CPP, in the case styled Murray Energy Corporation v. U.S. Environmental Protection Agency, which is currently pending before the United States Court of Appeals for the District of Columbia Circuit. The attorneys general from twenty-nine (29) states also determined that this CPP is illegal, and joined us in this litigation. On February 9, 2016, the Supreme Court of the United States agreed with our arguments and issued a Nationwide stay of the CPP, in the lawsuit led by Murray Energy.

Mr. Robert E. Murray, the Chairman, President, and Chief Executive Officer of Murray Energy stated, “We are extremely pleased that President Trump has, once again, followed through on his promise to preserve coal jobs and low cost electricity in the United States. Indeed, President Obama and his supporters closed 411 coal-fired power generating units, totaling 101,000 megawatts, all for absolutely no environmental benefit. Their CPP would have eliminated 49,000 additional megawatts of coal-fired generation, at an increased wholesale electricity cost of $214 billion between 2022 and 2030 and increased electricity rates up to thirty-one percent (31%) in one-half of our states. President Trump’s Executive Order will save Americans from this destruction and financial burden.”

Mr. Murray continued, stating that “Reliable, low cost electricity is a staple of life today. President Trump’s Executive Order is particularly helpful to our citizens on fixed incomes who would not have been able to pay their electric bills, and manufacturers whose products must compete in the global marketplace. Further, it will preserve the jobs and family livelihoods of thousands of coal miners, the jobs and family livelihoods that depend on them, and low -cost electricity for all Americans. These are the people President Trump is helping with this Executive Order.”